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Purpose Premium Yield Fund - Series A Non Currency Hedged Shares

  • Premium Feature Only
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Misc - Inc&Real Property

Fundata ESG GradeB Click for more information on Fundata’s ESG Grade

Fundata ESG Grade B

Click for more information on Fundata’s ESG Grade.

NAVPS
(07-22-2025) 		$25.20
Change
-$0.10 (-0.41%)

As at June 30, 2025

As at June 30, 2025

As at June 30, 2025

Period
Created with Highcharts 10.3.3Jul 2022Oct 2022Jan 2023Apr 2023Jul 2023Oct 2023Jan 2024Apr 2024Jul 2024Oct 2024Jan 2025Apr 2025Jan 2019Dec 2019Nov 2020Oct 2021Sep 2022Aug 2023Jul 2024$10,000$12,000$14,000$16,000$11,000$13,000$15,000Period

Legend

Purpose Premium Yield Fund - Series A Non Currency Hedged Shares

Compare Options

Fund Returns

Inception Return (November 29, 2018): 5.11%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 0.31% -5.07% -4.39% -4.39% 3.04% 8.00% 10.85% 6.77% 5.92% 5.25% - - - -
Benchmark 2.91% 8.53% 10.17% 10.17% 26.37% 19.03% 16.09% 10.74% 15.02% 11.96% 10.77% 10.72% 10.76% 9.61%
Category Average 0.58% 0.50% 1.16% 1.16% 3.85% 3.35% 3.37% 3.03% 4.41% 3.59% 3.60% 3.66% 3.58% 3.26%
Category Rank - - - - - - - - - - - - - -
Quartile Ranking - - - - - - - - - - - - - -

Monthly Return

Created with Highcharts 10.3.3-6%-4%-2%0%2%4%6%8%
Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 2.26% -1.23% 1.52% 2.05% 2.61% 0.37% 3.72% -0.13% -2.77% -5.20% -0.18% 0.31%
Benchmark 5.87% 1.22% 3.15% 0.85% 6.37% -3.27% 3.48% -0.40% -1.51% -0.10% 5.56% 2.91%

Best Monthly Return Since Inception

4.79% (April 2020)

Worst Monthly Return Since Inception

-5.20% (April 2025)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - 2.30% 0.34% 5.37% 3.09% 8.83% 17.08%
Benchmark -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75% 21.65%
Category Average 2.24% 1.46% 4.39% 0.91% 7.57% 1.50% 10.36% -0.98% 2.53% 4.40%
Quartile Ranking - - - - - - - - - -
Category Rank - - - - - - - - - -

Best Calendar Return (Last 10 years)

17.08% (2024)

Worst Calendar Return (Last 10 years)

0.34% (2020)

Asset Allocation

Asset Allocation
Name Percent
Cash and Equivalents 86.09
US Equity 12.87
International Equity 1.02
Foreign Government Bonds 0.05

Sector Allocation

Sector Allocation
Name Percent
Cash and Cash Equivalent 86.09
Consumer Goods 4.59
Healthcare 4.39
Technology 1.70
Financial Services 0.97
Other 2.26

Geographic Allocation

Geographic Allocation
Name Percent
North America 99.01
Europe 0.40
Asia 0.37
Latin America 0.23

Top Holdings

Top Holdings
Name Percent
Purpose USD Cash Management Fund Class A 57.04
Purpose US Cash Fund ETF (PSU.U) 29.06
Constellation Brands Inc Cl A 2.45
UnitedHealth Group Inc 2.21
Procter & Gamble Co 2.10
Cash and Cash Equivalents 1.06
Johnson & Johnson 0.98
Abbvie Inc 0.95
T-Mobile US Inc 0.60
JPMorgan Chase & Co 0.38

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return1234567891011121314151617-15%-10%-5%0%5%10%15%20%

Purpose Premium Yield Fund - Series A Non Currency Hedged Shares

Median

Other - Misc - Inc&Real Property

3 Yr Annualized

Standard Deviation 6.50% 6.15% -
Beta 0.19% 0.17% -
Alpha 0.08% 0.03% -
Rsquared 0.14% 0.13% -
Sharpe 1.01% 0.56% -
Sortino 1.82% 0.72% -
Treynor 0.34% 0.20% -
Tax Efficiency 73.25% 59.09% -
Volatility Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10 -

Risk Rating

Rating 3 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 8.60% 6.50% 6.15% -
Beta 0.43% 0.19% 0.17% -
Alpha -0.07% 0.08% 0.03% -
Rsquared 0.28% 0.14% 0.13% -
Sharpe 0.00% 1.01% 0.56% -
Sortino 0.05% 1.82% 0.72% -
Treynor 0.00% 0.34% 0.20% -
Tax Efficiency 10.06% 73.25% 59.09% -

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A73.1​73.164.5​64.50%10%20%30%40%50%60%70%80%90%100%

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A71.8​71.865.3​65.30%10%20%30%40%50%60%70%80%90%100%

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A86.4​86.456.1​56.10%10%20%30%40%50%60%70%80%90%100%

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A51.2​51.274.5​74.50%10%20%30%40%50%60%70%80%90%100%

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

View the full methodology

Fund Details

Start Date November 29, 2018
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Corporation
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $5

Fund Codes

FundServ Code Load Code Sales Status
PFC2370

Investment Objectives

The fund seeks to provide shareholders with (i) high monthly income and (ii) long-term capital appreciation. The fund will achieve its investment objectives primarily by investing in the equity markets including by (i) writing cash covered put options to reduce the net cost of acquiring securities and receive premiums and (ii) directly investing in equity securities and writing call options on these securities to receive dividends and premiums.

Investment Strategy

To achieve its investment objectives, the fund uses primarily rules-based portfolio selection strategies to invest in a broad range of equity securities and cash in order to create value, generate income and reduce risk over the investment period. The fund also uses a broad range of derivative instruments in compliance with Canadian securities laws including options, futures contracts, warrants, forward contracts and swaps to enhance portfolio income, offer long-term capital appreciation.

Portfolio Management

Portfolio Manager

Purpose Investments Inc.
Sub-Advisor

Neuberger Berman Breton Hill ULC

Management and Organization

Fund Manager

Purpose Investments Inc.
Custodian

CIBC Mellon Trust Company
Registrar

CIBC Mellon Global Securities Services Company
Distributor

-

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 5,000
PAC Subsequent 100
SWP Allowed Yes
SWP Min Balance 15,000
SWP Min Withdrawal 100

Fees

MER 1.83%
Management Fee 1.60%
Load Back Fee Only
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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